A firm that can exert significant influence over another entity accounts for its intercorporate investment using the
a. lower of cost or market method.
b. equity method.
c. liability method.
d. consolidation method.
e. acquisition cost method.
B
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Explain some of the drawbacks of exiting the business through an IPO.
What will be an ideal response?
A system for electronic funds transfers (EFT) in which machines are located in a merchant's store and are activated by the consumer's identification card and code is:
a. POS. b. RAM. c. EFTA. d. DOS.
If Purina forced HEB's grocery chain to place all of its products in the stores' most favorable locations, it would be
A. demonstrating sound channel leadership. B. insisting on exclusive exposure. C. exercising channel power. D. minimizing channel conflict. E. creating a coordinate system.
Sarah has a brokerage account with Jeff, who is a money manager with Downtown Brokers. Sarah pays an all-inclusive annual fee to the firm and Jeff manages her funds. She pays no trading costs or commissions. Which one of the following best describes this type of account?
A. mutual B. advisory C. wrap D. margin E. cash